Natixis Advisors LLC Has $24.25 Million Stock Holdings in Sea Limited (NYSE:SE)

Natixis Advisors LLC grew its position in Sea Limited (NYSE:SE) by 351.6% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 257,230 shares of the Internet company based in Singapore’s stock after purchasing an additional 200,267 shares during the quarter. Natixis Advisors LLC’s holdings in SEA were worth $24,252,000 as of its most recent SEC filing.

Several other institutional investors have also recently bought and sold shares of SE. Sequoia Financial Advisors LLC grew its holdings in shares of SEA by 6.2% during the 3rd quarter. Sequoia Financial Advisors LLC now owns 3,081 shares of the Internet company based in Singapore’s stock worth $290,000 after purchasing an additional 180 shares in the last quarter. Canton Hathaway LLC boosted its position in shares of SEA by 20.0% during the 2nd quarter. Canton Hathaway LLC now owns 1,200 shares of the Internet company based in Singapore’s stock valued at $86,000 after acquiring an additional 200 shares in the last quarter. Rosenberg Matthew Hamilton increased its stake in SEA by 213.7% in the third quarter. Rosenberg Matthew Hamilton now owns 298 shares of the Internet company based in Singapore’s stock valued at $28,000 after acquiring an additional 203 shares during the period. Gulf International Bank UK Ltd lifted its stake in SEA by 0.7% during the second quarter. Gulf International Bank UK Ltd now owns 28,958 shares of the Internet company based in Singapore’s stock worth $2,068,000 after purchasing an additional 213 shares during the period. Finally, Parallel Advisors LLC lifted its position in shares of SEA by 5.2% during the 2nd quarter. Parallel Advisors LLC now owns 5,063 shares of the Internet company based in Singapore’s stock worth $362,000 after buying an additional 250 shares during the period. Institutional investors own 59.53% of the company’s stock.

Wall Street Analyst Weigh In

Several equities research analysts have recently commented on the stock. Bank of America boosted their target price on shares of SEA from $84.00 to $96.00 and gave the company a “buy” rating in a research note on Monday, September 23rd. Citigroup cut their price objective on SEA from $81.00 to $80.00 and set a “buy” rating for the company in a research report on Tuesday, July 23rd. Dbs Bank upgraded shares of SEA from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, November 13th. Benchmark increased their price target on shares of SEA from $94.00 to $130.00 and gave the company a “buy” rating in a research note on Wednesday, November 13th. Finally, JPMorgan Chase & Co. raised SEA from a “neutral” rating to an “overweight” rating and lifted their target price for the company from $66.00 to $90.00 in a research note on Wednesday, August 14th. Two research analysts have rated the stock with a hold rating, eleven have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. According to data from MarketBeat.com, SEA has an average rating of “Moderate Buy” and a consensus target price of $90.54.

SEA Price Performance

NYSE SE opened at $108.58 on Tuesday. Sea Limited has a 12-month low of $34.35 and a 12-month high of $117.52. The firm’s 50 day moving average is $94.57 and its 200-day moving average is $79.86. The company has a market capitalization of $62.14 billion, a PE ratio of 723.87 and a beta of 1.52. The company has a quick ratio of 1.48, a current ratio of 1.62 and a debt-to-equity ratio of 0.36.

SEA (NYSE:SE) last released its earnings results on Tuesday, November 12th. The Internet company based in Singapore reported $0.24 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.59 by ($0.35). The company had revenue of $4.33 billion during the quarter, compared to analyst estimates of $4.09 billion. SEA had a net margin of 0.64% and a return on equity of 1.40%. SEA’s revenue was up 30.8% compared to the same quarter last year. During the same period in the prior year, the firm posted ($0.26) EPS. Equities research analysts anticipate that Sea Limited will post 0.8 earnings per share for the current fiscal year.

SEA Profile

Sea Limited, together with its subsidiaries, engages in the digital entertainment, e-commerce, and digital financial service businesses in Southeast Asia, Latin America, rest of Asia, and internationally. It offers Garena digital entertainment platform for users to access mobile and PC online games, as well as promotes eSports operations.